Donald Trump’s lawyers say he’s unable to post a 454-million dollar bond while he appeals a civil fraud judgment. The former president’s lawyers wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible.” They asked New York’s intermediate appeals court to overturn a previous ruling […]
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Trump unable to post $454 million bond in civil fraud suit
Donald Trump’s lawyers say he’s unable to post a 454-million dollar bond while he appeals a civil fraud judgment. The former president’s lawyers wrote in a court filing that “obtaining an appeal bond in the full amount” of the judgment “is not possible.” They asked New York’s intermediate appeals court to overturn a previous ruling requiring that he post a bond covering the full amount while Trump appeals. With interest, Trump owes more than 456-million dollars. To obtain a bond, his legal team says it would require posting collateral of more than half a billion dollars.
